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Debt to Equity Over Time
Below historical average, structural decline.
Left:
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Debt-to-equity ratio

Latest
0.38
↓ 56% below average
Average (9y)
0.88
Historical baseline
Range
High:1.30
Low:0.38
CAGR
-11.8%
Structural decline
PeriodValueChange
20240.38-5.3%
20230.41-13.6%
20220.47-36.1%
20210.73+5.6%
20200.70-43.9%
20191.24+6.6%
20181.16-3.2%
20171.20-7.6%
20161.30+9.2%
20151.19-